This significant step will enable De Beers to rigorously clean its supply chain of conflict minerals and boost its quality assurance in asset traceability. In the first efforts of its kind, De Beers, the world’s biggest diamond producer by value… Read More ›
Month: May 2018
Akira Marumoto to replace Masamichi Kogai as Mazda Motor Corp’s CEO
Masamichi Kogai will now become Mazda Motor’s chairman. On Friday, Mazda Motor Corp stated, Masamichi Kogai, its CEO and president, would be stepping down from office. Akira Marumoto, who currently serves as the company’s vice president and overseas its operations… Read More ›
Trump’s Iran Decision Impacting UK Already, Petrol Prices To Rise
The impact of the United States President Donald Trump’s decision to pull out of the Iran deal is already being felt in the United Kingdom. Over the next fortnight, warning have been issued to British motorists that they would have… Read More ›
Costs For Sponsored Facebook Postings Being Increased By Norwegian Ministries
According to a report published in the Norwegian newspaper Aftenposten, in the last three years, zero to more than 200,000 kroner (24,800 U.S. dollars) have bene spent by the Norwegian authorities in publishing posts on the social media Facebook. According… Read More ›
Poland chooses green energy over nuclear
Poland decision is likely to enable it to meet EU’s CO2 emission reduction targets, and improve its ties with Brussels while creating green energy jobs in the country. According to sources familiar with the matter at hand, Poland’s state-controlled PGE… Read More ›
GM to make South Korea its Asia-Pacific hub
This preliminary deal essentially sets the foundation for Detroit-based General Motors landmark deal, to be signed on May 11 with the South Korean government, which will see it set up its Asia-Pacific HQ in the country. The deals are aimed… Read More ›
Apple drops data centre plans in Ireland
Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›
Royal Bank of Scotland agrees to pay $4.9 billion to settle probe by the U.S. Justice Department
The bulk of the $4.9 billion settlement amount has already been provisioned for; as for the balance amount of $1.44 billion, RBS has agreed to take an incremental charge in 2018’s second quarter. The Royal Bank of Scotland Group Plc… Read More ›
Uncertainty Over Oil Supply And Prices Cast Because Of Trump’s Iran Nuclear Deal Exit
Some degree of uncertainty has been cast on the global prices of oil and gasoline because of the decision by United States President Donald Trump to pull out of the Iran nuclear deal. The Organization of the Petroleum Exporting Countries… Read More ›
Stopping Peso Falling Aim Of Argentina Seeking Emergency Debt From IMF
It has been just days that Argentina had made three successive rate hikes in eight days – taking the interest rate in the country to 40%, to control the slide of its currency peso. Now the country has appealed for… Read More ›